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Does Inflation Hurt Savers?

If you save money by putting cash under your mattress, then inflation does indeed rob you of purchasing power. But if, like most of us, you hold your nest egg in a savings account, a money market fund, real estate, or a 401(k) plan then what you care about is your real rate of return, not the inflation rate per se.

 

Refinancing? Ask yourself these 6 questions

Refinancing? Ask yourself these 6 questions

Refinancing can be a great way to save money, but it's not a sure thing. Before you take the plunge, ask yourself these six questions to avoid making a major money mistake.

 

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